Name: Mirae Asset Savings Fund Regular Savings Plan Growth
Brand: Mirae Asset Mutual Fund

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Mirae Asset Savings Fund Regular Savings Plan Growth
Debt
Low Duration
Low to Moderate Risk
3.79%
1Y return
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 05 Aug 2021₹1,806.18
Min. SIP Amount₹1,000
Rating3star
Fund Size₹1,112.53 Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹0 (0.00%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Low Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.8%5.7%5.9%6.7%
Category average5.6%4.8%5.7%NA
Rank with in category171416NA
Understand termsinfo
Holdings (63)NameSectorInstrumentAssets
ICICI Securities Ltd.FinancialCP4.4%
Axis Bank Ltd.FinancialCD4.4%
Axis Finance Ltd.
FinancialCP4.0%
Hindustan Petroleum Corporation Ltd.EnergyDebenture3.7%
GOI
SovereignGOI Sec3.7%
Larsen & Toubro Ltd.ConstructionCP3.6%
Reserve Bank of India
FinancialT-Bills3.5%
Karnataka State
OthersSDL2.4%
NTPC Ltd.EnergyNCD2.3%
Housing Development Finance Corpn. Ltd.FinancialDebenture2.2%
See All
Pros and consCategory: Debt Low Duration
ProsAge is more than 10 years
3Y Returns are higher than the category average returns
5Y Returns are higher than the category average returns
Exit load is zero
Cons1Y Returns are lower than the category average returns
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Expense ratio, exit load and taxExpense ratio: 0.92%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Understand termsinfo
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000
Fund managementMahendra Kumar Jajoo
Sep 2016 - Present
View Details
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Education
Mr. Jajoo is a B.Com (H), CS, Chartered Accountant and CFA.
Experience
Prior to joining Mirae Asset Mutual Fund he was Director with AUM Capital Markets Ltd. and also been associated with organisations like PGIM India Mutual Fund, Tata Asset Management Company, BNP Paribas Asset Management India Pvt. Ltd., ABN Amro Securities India Pvt. Ltd. and ICICI Group.
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Fund house & investment objective
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Mirae Asset Mutual Fund
Rank (total assets)#13 in India
Total AUM70,165.29 Cr
Date of Incorporation30 Nov 2007
Mirae Asset Savings Fund Regular Savings Plan Growth is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available 
Mirae Asset Savings Fund Regular Savings Plan Growth is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. Mahendra Jajoo is the Current Fund Manager of Mirae Asset Savings Fund Regular Savings Plan Growth fund. The fund currently has an Asset Under Management(AUM) of ₹70,165 Cr and the Latest NAV as of 05 Aug 2021 is ₹1,806.18.
The Mirae Asset Savings Fund Regular Savings Plan Growth is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. ...Read more
Investment Objective
The scheme aims to enhance income consistent with a high level of liquidity, through a judicious portfolio mix of money market and debt instruments.
The scheme aims to enhance income consistent with a high level of liquidity, through a judicious portfolio mix of money market and debt instruments.
...Read more
Fund benchmarkCRISIL Low Duration Debt
descriptionScheme Information Document(SID)
Fund house contact details
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Address
Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), MUMBAI 400098
Phone
022-67800300
Launch Date
30 Nov 2007
E-mail
[email protected]
Website
NA
Mirae Asset Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
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	1Y	3Y	5Y	All
Fund returns	3.8%	5.7%	5.9%	6.7%
Category average	5.6%	4.8%	5.7%	NA
Rank with in category	17	14	16	NA

Name	Sector	Instrument	Assets
ICICI Securities Ltd.	Financial	CP	4.4%
Axis Bank Ltd.	Financial	CD	4.4%
Axis Finance Ltd.	Financial	CP	4.0%
Hindustan Petroleum Corporation Ltd.	Energy	Debenture	3.7%
GOI	Sovereign	GOI Sec	3.7%
Larsen & Toubro Ltd.	Construction	CP	3.6%
Reserve Bank of India	Financial	T-Bills	3.5%
Karnataka State	Others	SDL	2.4%
NTPC Ltd.	Energy	NCD	2.3%
Housing Development Finance Corpn. Ltd.	Financial	Debenture	2.2%

Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	3
Fund Size	₹1,112.53 Cr